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MARKET • 26/02/2025 07:16 PM

Gold Futures Decline For Second Straight Day

KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second straight day as the US dollar gained strength.

The spot-month February 2025 contract slipped to US$2,917.20 per troy ounce from US$2,938.80 on Tuesday, while the March 2025 contract decreased to US$2,922.30 from US$2,943.90 previously.  

The April, May and June 2025 contracts fell to US$2,935.0 per troy ounce from Tuesday’s US$2,954.30.

Trading volume, however, rose to 64 lots from 51 lots yesterday, while open interest widened to 95 contracts from 63 contracts previously.  

According to the London Bullion Market Association’s afternoon fix on Feb 25, physical gold was priced at US$2,933.25 per troy ounce.

-- BERNAMA

 

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